#3 Tim Schumacher | Serial Entrepreneur

Tim Schumacher is an entrepreneur since he got his first computer 30 years ago and started coding as a kid. He has founded and lead various companies, including Sedo.com, Eyeo.com (makers of Adblock Plus) and, most recently, the SaaS.group. He also enjoys investing into start ups and mentoring the next generation of founders, especially climate tech founders, where together with Ecosia.org he is building WorldFund.vc

Tim Schumacher, Serial Entrepreneur | Making It Real Podcast with Jan Brinckmann | Episode #3

00:00 How Tim got into the Entrepreneurship world 01:49 How Tim was selling his first product at 17 years old
02:55 The start of Sedo.com in 2000
05:08 How much equity Tim would advise founders to give an early investor
06:21 Going from an idea to a business by solving your own need
08:38 Should you create a business plan for your venture?
09:22 How to start a marketplace business 13:58 How to drive traffic to your business website
16:46 Tim about finding his complementary co-founders
19:39 Vesting for founding teams 21:46 The main mistakes Tim sees founders make as an investor
25:30 What founders should look out for 27:27 What Tim especially focuses on when investing in a startup
30:48 The most exciting topic for Tim in Entrepreneurship
33:22 The first step to get started for an aspiring founder (https://www.drawdown.org)

Download the one-pager for curated top learnings of this episode → https://makingitreal.io/3